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By C. Cornejo, C. Schuffeneger, J. Rosas

"At the end of 2010 the AMSA Esperanza Concentrator started commissioning. Located in the Atacama Desert this project is the first of several large size concentrators developed recently to operate in Northern Chile. In addition to the new operations to be implemented in the short term, many existing installations are planning expansions. The use of large size equipment is one of the common characteristics of the new concentrators, but also new technologies are being considered and innovation is present in most cases. Sea water or desalinated water will be required to process large tonnages of sulphide copper ores as well as gold bearing ores, since process water supply from the Andes will no longer be available. The high cost of sea water or desalinated water supply and the high cost of energy are not a limitation as the current metal market scenario allows obtaining an attractive NPV even from installations designed to process relatively low grade ores. A review of the current concentrators being developed in Chile is presented, including a description of the main design issues related to technology and innovation. An analysis of the Chilean mining industry is also presented, detailing mine and plant capacities as well as expected final products.INTRODUCTION The mining sector in Chile has become a reference when analysing the large concentrator plants projected or currently in operation all over the world. At present and as a consequence of the high price of metal commodities, most South American countries have an active mining sector. Chile is known as a major producer of metals. First records of copper production exported to Spain are dated to the early XVII century. Since then Chile has produced over 13% of the total copper ever produced in the world. After 1990 Chilean mining and the associated cluster of activities has substantially grown to levels never reached before, especially in the production of copper, gold and other non-metallic minerals. This dramatic increase is the result of an economic policy based on delivering comparative advantages and incentives for the admission of foreign capital to offset the weak domestic investment in previous decades. Massive mining of its huge mineral resources has allowed Chile to be a world leader in the production of copper and other base metals and mineral products."

Jan 1, 2012

By Kim Wiwchar, Elizabeth Mbaja, Lynne Dang, Jim Furey, Anita Marks

"Suncor Energy Inc., located north of Fort McMurray, Alberta, commenced pilot scale operation using a CPT 4’ diameter flotation column in March 2003. This larger scale trial follows two previously successful flotation column bench scale tests. They included an April 2002 trial with a 2.4” inner diameter column from the University of Alberta and a 20” diameter CPT column in August 2002. The column receives middlings stream feed from one of Suncor’s deep cone separation cells and is operated in parallel with a set of WEMCO flotation cells. The recovery, tails losses, and concentrate quality are being compared between the two systems. The column, to date, has been tested with all types of run of mine ore grades. Variables such as wash water flow and temperature, sparger nozzle size and location, sparger air/water flow rates, and column residence time has been adjusted to achieve better recovery and final product quality.Used in many mineral processing applications, column flotation is primarily used for the final stage of sulphide cleaning and flotation of phosphate or iron ore. As well, mechanical cells are often used in combination with a column to retrofit an operation and to produce a cleaner product.Initial results prove that this is the first successful application of a flotation column in an oilsand application. If viable, it will be an inexpensive process for recovery of bitumen from a middlings stream and able to produce a final product suitable for froth treatment.INTRODUCTIONSuncor’s oilsand is surface mined from the Athabasca Oilsand deposit north of Fort McMurray, Alberta. The oilsand is then mixed with hot process water (HPW) and the bitumen is slurried in a pipeline. Large separation cells as shown in Figure 1 float off the bitumen product, which is then steam or static deaerated and sent to Secondary Extraction for further cleaning. The tails stream from the cell is sent to the Final Tails Pumphouse (FTPH) for processing. The tailings flotation froth product gets recycled to the separation cell oilsand feed. The tailings are pumped from the FTPH to tailings ponds. The middlings stream is drawn off the separation cell approximately 9’ from the froth overflow level. It runs down, by gravity, to the scavenger banks for bitumen recovery. It was from this stream off of the Line 6 Separation Cell that the feed to the Canadian Process Technologies Inc (CPT) flotation column was taken."

Jan 1, 2004

By F. Charette

The paper reviews recent investigations of the impact of corrosion on the performance of both plain and coated Swellex rock bolts. It addresses the problems associated with estimating and predicting corrosion rates of friction bolts, and based on field data it suggests an empirical relationship to predict corrosion rates. A review of the necessary qualities for a protective coating leads to recent experience with coated Swellex bolts that suggest that they can contribute to extending the useful life of Swellex bolts in potentially corrosive environments.

May 1, 2004

By Ingrid Hann

The Triple Bottom Line ? Economic Sustainability ? Creation of Joint Venture companies ? Planned evaluation of other kimberlites ? Social Sustainability ? Impact Benefit Agreement and Participation Agreements ? Education and training initiatives ? Environmental Sustainability ? Environmental management ? Mine closure planning

May 1, 2008

By M. Melashvili

"The SART Process was introduced to the gold mining industry in the late 1990s and several commercial plants were built over the following 10 to 15 years. Most of these plants have operated well and enjoyed plant performance in line with expectations based on the underlying chemistry of the process. However, two of the plants have consistently suffered from high reagent consumption and poor product quality, which has motivated a re-examination of the process fundamentals in the hope of understanding the reasons for poor performance when it occurs, and developing mitigating strategies.This testwork along with a review of the relevant literature has demonstrated that the amount of sulphide added to the primary reactor, relative to the copper concentration, is the most critical parameter dictating plant performance, with pH and residence time important secondary factors. The primary product in the SART Process is synthetic chalcocite, Cu2S, and the stoichiometric requirement for sulphide addition is therefore 0.5 moles per mole of copper in solution. Testwork shows that when sulphide is added in excess of this amount (generally with the express purpose of lowering residual copper in solution) it not only fails in its intended purpose, but can have a negative impact on the settling and filtration characteristics of the copper sulphide product, as well as the final product quality. Moreover, these problems are exacerbated the higher the selected operating pH in the pH 3 to 5 range, and the longer the residence time of slurry in this pH range.Freshly precipitated copper sulphide compounds are known to be very fine and slimy, with poor settling and filtration characteristics. It is therefore important to engineer the SART Process in such a way as to encourage growth in the average particle size of the precipitate crystals. This was the rationale for recycling a portion of the thickener underflow to the primary reactor when the SART Process was developed. The theory of crystallization predicts that compounds of extremely low solubility, such as chalcocite (Cu2S: KSP = 10-48), are likely to experience growth in crystal particle size through aggregation rather than heterogeneous nucleation. On this basis, the SART practice of recycling a portion of thickener underflow to the primary reactor in the commercial plants is unlikely to lead to crystal growth via nucleation, and could in fact promote breakage of the aggregates that formed in the thickener. Recycling thickener underflow could therefore have the opposite of the desired outcome. The result of testwork that is reported here lends credence to this theory and questions the wisdom of recycling in the SART process.There is evidence to suggest that operating the copper sulphide thickener in the SART Process without flocculants may be beneficial. Thickener underflow densities could improve from the current 10 - 15% range to 40 - 50%. This will not only reduce the flowrate of slurry to the filter, but the filtration properties of the slurry (filtration rate, filter cake moisture content) will also improve. This is one of the most critical engineering and design aspects of the SART Process, and the achievement of high solids density in the thickener underflow will not only improve the health and safety aspects of the operation, but also has the potential to lower capital costs and improve the quality of the final product."

Jan 1, 2016

By P. A. Hacquebard, M. P. Avery

"Gondwana coal deposits are widespread and are known to occur in four continents. They are present in Brazil, India, South Africa, and Australia. From coal petrographic examinations and a detailed literature survey, it is interpreted that Gondwana coals are present also in Canada and the United States. Laurasia, or Northern Hemisphere, coals occur in the United States, Canada, and Europe. They form the main coal producing fields of the world. Megascopically, Gondwana coals have a uniform, micro-banded appearance, with a dull lustre; Laurasian coals are bright and have distinct bands of vitrain and clarain. Petrographically, Gondwana coals, compared to Laurasian coals, are lower in vitrinite, but higher in inertinite, particularly in semifusinite. Mineral matter averages 16% in Gondwana coals and 5.7% in Northern Hemisphere coals.Gondwana coals are characterized by thick seams that terminate through lithification (Versteinerung), whereby coal passes laterally into shale. Laurasian coal seams are thinner and terminate by splitting and digitation.Vitrinite/inertinite ratio data indicate deposition of the Gondwana coals in dry marshes under strong oxidizing conditions. The Laurasian coals originated in wet marshes in a reducing environment. As deduced from fossil plants and fossil spores, temperate and near arctic conditions apply for the Gondwana coals. A tropical and subtropical climate is indicated for the Laurasian deposits. The Gondwana coals were formed under allochthonous conditions. They derived from vegetation that drifted into the peat bogs. The Laurasian coals are autochthonous and originated from vegetation that grew and was buried in the peat bogs. The Gondwana coals are Late Carboniferous and Early Permian. The Laurasian coals are entirely Late Carboniferous."

Jan 1, 2004

By G. A. Mallory

"The South Bay Division of Selco Mining is located fifty-four miles northeast of Ear Falls Ontario on Confederation Lake. The concentrator operates five days a week and processes six hundred tons per day of copper zinc silver sulphide ore. The concentrator is comprised of crushing, grinding, differential flotation, thickening and drying circuits. The major constituents of the concentrator feed are: chalcopyrite 7%, sphalerite 20%, pyrrhotite 3%, pyrite 25 - 30% and felsitic volcanics 40 - 50%. The mine went into production in March 1971 with an anticipated three year life and is now scheduled for closure in the summer of 1981. Recent mine production has been limited to three cut and fill stopes which have widely varying ore grades, therefore mill feeds vary from 0.25 to 4% copper, 3.5 to 27% zinc, 0 to 0.4% lead and 15 to 30% iron.In mid 1977 Selco negotiated a six month rental purchase agreement with Outokumpu Instruments Canada Limited for a five stream analyser system. The Minexan 202 probes were the first Outokumpu probe type analysers installed in Canada although Outokumpus' Courier systems are well known. Installation of the system took place in April 1978 and after numerous hardware faults the six month evaluation began in August. By December it was obvious that the Minexan 202 probes with proportional detectors did not have adequate resolution to determine low copper values in either of the tailings streams. Outokumpu offered to replace the tailings analysers with a new prototype solid state detector probe the following summer. The evaluation on the five Minexan 202 probes continued until August 1979 when the new solid probe was installed. The Minexan S (solid state) probe was evaluated with the three remaining Minexan 202 probes until December 1979 when Selco elected to purchase the system."

Jan 1, 1981

By Charles Knilans, Tassos Grammatikopoulos, Nicole Hoffmann

"Twin Metals Minnesota LLC, (TMM) has recently completed a prefeasibility study evaluating the development and operation of an underground copper (Cu), nickel (Ni), platinum (Pt), palladium (Pd), and gold (Au) mining project on the Maturi deposit in northeastern Minnesota.The Maturi deposit is a magmatic Cu-Ni-sulphide deposit occurring along the basal contact of the South Kawishiwi intrusion, comprised of heterogeneous troctolites to gabbros forming a tabular body designated the BMZ (basal mineralized zone). These rocks provide the major gangue mineralogy (plagioclase, olivine, and clinopyroxene) with local, minor rock-forming orthopyroxene, biotite, magnetite, and ilmenite. Altered silicates exist within local fracture and/or alteration zones, which are commonly associated with minor faults in the regional area. The Maturi deposit is comprised of four main mineralized zones within the BMZ, referred to as Stage 1, Stage 2 (S2), Stage 3 (S3), and Upper Heterogeneous. Chalcopyrite, cubanite, pentlandite, and pyrrhotite are mainly hosted within the S2 and S3 units, with talnakhite frequently occurring within the S3 unit.A cross-discipline approach combining geology, geochemistry, metallurgy, QEMSCAN™ mineralogy, and mine planning has been implemented to develop a preliminary geometallurgical model and life of mine metallurgical performance forecast. This paper provides an overview of the methods that were used to develop the model and forecast, and discusses the advantages of such a model in project development and evaluation.INTRODUCTIONThe TMM Project proposes mining a copper-nickel-palladium-platinum-gold-silver (Cu-Ni-PGM) magmatic sulphide deposit situated in the Duluth Complex of northeastern Minnesota, USA. The prefeasibility study proposes a 45,000 million tonnes per day mine and concentrator facility to produce two saleable concentrates. The mine will access two separate deposits, Maturi and Maturi Southwest. Saleable concentrates are the final products of the sequential flotation plant where a high grade Cu concentrate is produced followed by a Ni concentrate."

Jan 1, 2015

By A. G. Doll

"Many power-based grinding models exist, and most operators are familiar with Fred Bond's ""third theory"". Bond's model is most commonly used to describe primary and secondary grinding to product sizes above, for example, 100 µm. Operators sometimes use Bond's equation to describe grinding in situations where it is not appropriate, such as fine grinding below 50 µm. Using an alternative model would be a better choice in this situation.Bond's equation is one in a large family of models. Related equations better suited to fine grinding include the “signature plot”, Von Rittinger's model and Charles' equation. These models have a similar form to Bond's and can be fit to industrial regrind mills and laboratory tests using the simple regression tools in the charts of computer spreadsheets. Operators will find that fine grinding calculations are both easier and more accurate when using the alternative equations to fit their regrind milling surveys or when performing laboratory regrind mill scale-up for plant design.None of these models are new: Charles' equation was published in 1957 and Von Rittinger's model was proposed in 1867. A quick refresh how to apply these equations can turn these oddities from the undergraduate curriculum into useful tools for plant optimization. They can be fit to any type of mill including stirred and tumbling ball mills.IntroductionBuilding a case for fine grind modelling requires reviewing some theory before building a framework for doing fine grinding calculations. The actual calculation procedure recommended is easy and can be applied by plant metallurgists. Don’t be frightened by the theory; the end result is reasonably simple.The observation that mineral breakage is related to the absorption of energy is usually attributed to Von Rittinger (1867). Lynch and Rowland (2005) describe that the ability to empirical test and calibrate energy models of breakage didn’t exist until the widespread adoption of electric motors in the mining industry during the 1930’s and 1949’s. A series of technical papers published by the Allis Chalmers company during the 1940’s demonstrate that they were attempting to do such a calibration using Von Rittinger’s model which is usually stated as: “the energy consumed in the size reduction is proportional to the area of new surface produced.”"

Jan 1, 2017

By Stephan Buys, Dan Curry, Chris Rule

"The use of fine grinding (FG) in mineral processing is well established. The application of FG in the South African platinum industry is more recent and it’s use in the recovery of PGM’s from dormant tailings dams is unique. Anglo Platinum uses IsaMill FG technology at their Western Limb Tailings Retreatment project (WLTR) near Rustenburg in the North West Province of South Africa.In December 2003, Anglo Platinum commissioned the first purpose built tailings re-treatment facility for PGM recovery in South Africa. The concentrator re-treats Merensky ore tailings from concentrators that operated early last century. The WLTR facility takes advantage of modern technology, such as FG, to economically recover PGM’s from material historically considered as waste. The WLTR concentrator has a capacity of 4.8 Mtpa, and has been designed to easily expand to 10.8 Mtpa. The flow sheet includes recovery of tailings by high pressure water monitoring, ball milling, rougher flotation, rougher concentrate regrinding and cleaner /recleaner flotation.The rougher concentrate is reground in an IsaMill, which is a stirred mill that operates with inert silica sand grinding media. For this project, Anglo Platinum required a stirred mill of a unit size not previously available. Xstrata Technology and Anglo Platinum collaboratively developed the largest wet, fine grinding mill available; the M10,000, 2.6 MW IsaMill.The use of IsaMill technology was enabling for the WLTR project, as it allowed smeltable concentrate grades to be produced from the oxidised, slow floating tailings. The economics and practicality of fine grinding has fundamentally changed with the M10,000 IsaMill. Flotation is transformed by high intensity attritioning in the inert media environment, and the narrow size distribution of product in open circuit configuration. The use of conventional steel media grinding to improve fine particle flotation is limited due to the oxidation of liberated mineral surfaces inherent in these environments."

Jan 1, 2005

By H. Warren Newcomen

Assessments of the stability performance of open pit highwalls have traditionally been based on consideration of surface movement rates. Although generally accepted in industry, this approach presents challenges for establishing appropriate threshold values to allow for safe mining operations and does not address the issue of total strain. Surface movement monitoring data from a limited number of open pit mining operations in North and South America has been evaluated in terms of highwall strain, rock mass quality and inferred mechanism of instability. Threshold strain levels for key stages of highwall stability proposed from previous work have been reviewed and are generally endorsed based on evaluation of additional data. An empirical highwall strain criteria for the assessment of highwall stability performance is postulated based on the observed trends in highwall strain data from the case histories presented.

May 1, 2004

By J. A. López-Molina, S. García, V. Castellanos-Pedroza

"Groundwater inflow into underground constructions may cause hazardous working conditions and environmental problems. It is essential to localize and characterize potential flow paths and to estimate the amount of water leakages, so that appropriate sealing works can be performed. Estimating the amount of water ingress is a multi-phase process starting from qualitative and quantitative examination of rock mass. Due to association of uncertainty, vagueness and incompleteness with the monitored data set, particularly resulted from the in situ tests, accounting relevant approaches such Fuzzy Logic and Recurrent Neural Networks, are proposed in this research for learning acquisition, extraction of rules and prediction of behaviors. The computational set of artificial tools permits using the complex information entities or information granules (rock types, geologic structures, hydro-fracture potential) for data abstraction and derivation of knowledge from records (numerical or linguistic format). This is more a theoretical perspective than a set of methods or principles. As a theoretical perspective, this proposal encourages an approach to data that recognizes and exploits the information present in indexes at various levels of resolution or scales. In this sense, it encompasses the methods which provide flexibility and adaptability in the resolution at which knowledge or information is extracted and represented. The product of merging these tools is a 3D artificial-mapping of rock classification (Qi-system), geological conditions and Lugeon units that permits, as far as possible, to understand more and better the flow behavior."

Jan 1, 2015

By Bernard Jones

LTUG ? A meeting of many mining companies that are using large tires ? Introduction of the mines and size ? Companies go over their usage of tires and performance ? As a group we discuss how the manufactures are doing with supplies and performance (who's running what sizes and manufactures they are using) ? The mine's best practices they use (which ones work for them and which ones don't) ? Where the mines see themselves going in the future ? What type of tire management the mines have in place

May 1, 2009

By Cardm Jeffrey W.

The decay of 222 Rn yields a series of short-lived decay products which become attached to the surface of a plate or wire exposed in a 222Rn-bearing atmosphere. The alpha-activity of two of the decay products, 218Po and 214Po, can be measured by simple counting techniques. This phenomenon may have direct application to uranium exploration. Laboratory studies have shown that: (a) radon decay products can be collected on a wide variety of materials (including various kinds of metals and plastics); (b) activity increases as a function of the surface area of the 'collector; and (c) the collection of the decay products is enhanced by applying a negative charge. The new technique was used in situ to delineate the anomaly above the South March uranium-copper occurrence. A related technique was developed to measure radium in soil samples. The results of both studies compared favourably with those obtained from conventional methods.

Jan 1, 1979

By Robert Keyes, Charle Knowles, Glenn Kendall, Gary Fletcher

"The metal mining industry in Canada has been dramatically affected by the changes that have occurred in the world mineral market place. World economic restructuring in the post ""oil shock"" period of the mid-1970s, greatly increased competition from suppliers in the developing countries, and commodity price and currency pressures have all combined to severely test Canadian competitiveness. In the new mining world, the rate of growth of demand for metals has declined due to product downsizing, materials substitution, and a relatively slower growth of over-all world economic activity.The interplay of market and political factors is complex. Canadian metal mining companies must compete in world markets against low-cost producers in developing nations whose priorities often appear to be centred on maximizing foreign exchange earnings to foster development goals and debt repayment. Many of these countries have high levels of government intervention in their mining industries. The result is a greatly in-creased number of suppliers all vying for a share of a world demand growing at a relatively slower rate than in the past. To be able to compete under these circumstances, Canadian companies have had to undertake 'survival mode' measures and look to new ways of doing things. In order to identify the effects that the recent market and economic trends have had on the Canadian metal mining industry, a study was undertaken by Canada Employment and Immigration to assess these changes and their implications for the metal mining workforce.The Canadian Occupational Projection System (COPS)—Sector Study Group with the cooperation of the Mining Association of Canada, undertook a human resource survey to gather current employment and occupation information. This formed an important part of the Canadian Occupational Projection System Metal Mining Sector Study. This article addresses the with survey results, a C.E.I.C. worker mobility study, and trends and issues that are changing the mix of jobs and the way they are being done.Figure 1 shows metal mining employment for the period from 1974 to 1984. It provides a clear picture of the employment swings that the industry has experienced especially during the recession period of 1981 to 1983. From 1981 to 1983, employment dropped by 14 000, from 68 000 to 54 764, and then dropped to its lowest point in 1984 of 52 783. We feel that employment in the medium term will be flat with growth in gold mines being largely offset by continued workforce rationalizing in other sectors.Perhaps the key point is that equivalent levels of output have been achieved in the recent period (1981-1984) with a workforce that is 25% smaller than it was in 1974. This also raises the questions which the COPS/MAC survey and COPS mobility study sought to clarify, namely, what jobs have been cut and where have these people gone? Equally important are the questions of occupational skill level changes, and what types of jobs are declining and which ones are becoming increasingly important, as economic and technological changes have altered the mining work place."

Jan 1, 1987

By S. R. Knowles, R. J. McDonough

"The purpose of this paper is to introduce to the minerals processing marketplace a viable alternative to conventional mechanical agitation and pachuca airlift agitation. What follows is a brief introduction to the Atara Corporation and the fundamentals of how an Atara ""cannon"" mixer operates. The main body of the paper is concerned with the results of a study to evaluate the cannon mixer for a gold cvanide leach application. A brief summary of research and testing for other metallurgical applications is also presented.1. 1 THE COMPANYThe Atara Corporation is a privately owned Canadian company, headquarted in Dorval, Quebec. Its subsidiary, Atara Incorporated, located in Paramus, New Jersey services the municipal wastewater treatment market in the United States. Dorval focuses on industrial mixing applications in Canada and the US. The Atara Corporation provides design, engineering and specifications of agitators for mineral land other) processing applications. Fabrication of mixers is pursued in either Canada or the US, depending on the ultimate destination.Although Atara and its unique static in-tank mixer are relative newcomers to the mining industry, the cannon mixer has demonstrated its value over the past 20 years in municipal wastewater treatment services. In the past four years the Atara unit has been developed for industrial applications; the bulk of the development work has been for metallurgical applications. To-date the cannon mixer has been evaluated for mixing slurries in the following applications: nickel-copper concentrate storage, copper concentrate storage, coal slurry storage, gold cyanide leaching, uranium acid leaching, silver leaching and zinc acid leaching. Atara mixers have been installed with successful performance in full scale tanks containing nickel-copper concentrate slurry (Falconbridge) and gold cyanide leach pulp (Dome"

Jan 1, 1984

By C. Carlson, W. Muir

"The oxygen demand of the complex lead-zinc-iron feed at the Cyuro Anvil concentrator was determined denendent on the cyanide ion con-contration of the pulp. By redistribution of the cyanide [ ] the grinding circuit in direct proportion to the amount of surface area created, a more activated flotation feed in obtained.Monitoring the oxygen demand of the flotation feed and grinding mill discharge has proved useful in diagnosing metallurgical problems day to day operation."

Jan 1, 1976

By James A. Finch, Stéphanie Somot

"The self-heating facility developed at the Noranda Technology Centre [Rosenblum and coworkers, 2001; 1995] has now been established in the Department of Mining, Metals and Materials Engineering at McGill University. A research program into mechanisms has been initiated (with support now from four industrial partners under Camiro). The first investigation is into the role of pyrrhotite (Po), the most commonly suspected mineral to trigger self-heating. Following a standard experimental protocol, self-heating was assessed on samples of Po mixed with sand as an inert material. With increasing Po content, self heating progressively increased but, interestingly, the samples visually appeared less and less oxidized. A high Po content, it was hypothesized, may give a more reducing environment favouring formation of H2S. The presence of this gas could be significant as it has a high exothermic heat of reaction with oxygen. The system was modified to test the hypothesis by including copper pieces and copper sulphate to react with (and therefore reveal) the gas as copper sulphide. Evidence is presented in support of H2S production, which to our knowledge has not been shown before and introduces a potentially important avenue of investigation into self-heating mechanisms.INTRODUCTIONSelf-heating of sulphide minerals poses potential environmental and safety hazards in mining of ores, and storage and transport of concentrates. While some conditions are known to be critical, the reactions remain poorly understood making self-heating difficult to predict and control.A major advance in measurement was introduced by Rosenblum and co-workers [Rosenblum et al., 2001; Rosenblum and Spira 1995]. A self-heating assessment method was developed and applied to various sulphide-bearing materials The method is based upon automated calorimetric cells with data acquisition, now available to McGill researchers and which have been used for the study reported here."

Jan 1, 2006

By R. A. Leveille, M. D. Doggett

"Economic returns for the copper industry have been assessed by building cash flow models for each of the 100 new mines brought into production over the past 20 years. Ninety-one of the 100 new mines returned the assumed 8% cost of capital and generated a positive net present value (NPV) at the development decision point. Economic criteria for individual mines are highly variable with NPV ranging from -$111 million (-$111M) to +$3850M (all money values are presented in United States dollars) and internal rate of return (IRR) ranging from -8% to +95%. The copper industry collectively would generate approximately $39 billion dollars in NPV through the development of the 100 new mines.The returns to exploration ($174M per deposit) were measured by deducting the cost of exploration per deposit ($221M) from the returns to development per deposit ($395M). Overall, the copper business has provided positive returns to exploration. However, the variability in returns across deposits means that only 41 of the 100 new mines can carry the average cost of exploration. The long lead times and high costs associated with exploration result in only those deposits with large amounts of contained copper being able to cover the average finding cost of the industry.The returns to development and exploration are shown to be highly sensitive to the cost of capital and metal price assumptions. With respect to deposit type, porphyry deposits are both larger (NPV) and exhibit lower profitability (IRR) than the nonporphyry deposits. On a geographic basis, returns to development and exploration are higher in Chile than elsewhere, reflecting the larger average deposit size and lower average exploration cost per deposit."

Jan 1, 2009

By Huilan Yang, Feng He

This paper intends to introduce the development of copper smelting and converting technologies in China in recent years, with a particular emphasis on the introduction of various continuous converting technologies, and moreover, it analyzes the advantages and disadvantages of those technologies, including their impact on the downstream anode refining from different points of view. INTRODUCTION At present, many converting technologies are used in copper pyro-metallurgical plants in China, including Peirce-Smith (PS) converter, flash converting furnace, multi-lance based top blowing, bottom blowing and so on. These technologies have spanned a wide range of time. PS converter technology has been applied in copper smelters for many years and most of the blister copper have been produced by this technology; flash converting technology has been developed since 1990s and been maturely applied in several plants up until now; top blowing and bottom blowing technologies have been revived in China in the past decade and boast good environmental protection performance, energy efficiency, throughput capacity and short process flow. All of the said technologies have reference operations in treating high-grade matte. As more and more attention is paid to environmental protection globally and copper smelters continuously seek for cost reduction, it is necessary to share those converting technologies, especially those new converting technologies derived in China, with copper smelting practitioners in the world. This paper aims to analyze the advantages and disadvantages of various technologies from a macroscopic view and discuss their actual application effects, current developments and future improvements. BRIEF INTRODUCTION OF VARIOUS CONVERTING TECHNOLOGIES IN CHINA China has seen a rapid development in copper smelting industry in the past 30 years and has become the largest gathering place of copper smelters in the world, most of which are operating with PS converting furnace technology, however, with the increasingly strict environmental requirements of the Chinese government in recent years, the low-level pollution issue and the disadvantage of large gas exhaust amount per unit of copper of converting furnaces are particularly prominent.

Jan 1, 2019